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This is how Hungarian average earnings and purchasing power compare to Europeans
There are significant differences in average annual net earnings between European countries, even after adjustments are taken into account. Based on the latest data from Eurostat, Switzerland, Iceland and Luxembourg...
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The heatwave will also affect food prices
The July analysis of the European Commission’s Joint Research Center (JRC), based on meteorological and satellite data, reveals the effects of the summer heat wave in southeastern Europe on agriculture....
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K&H SME confidence index: How much do SMEs manage?
Domestic enterprises continue to plan for growth in terms of changes in their sales and profits: they calculate a 6.6 percent increase in revenue and a 3.2 percent increase in...
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Record sales at eMAG during the heat wave: air conditioners and fans lead the way
The hottest days of this summer have greatly affected the sales of the eMAG online store and its partners. According to the company’s announcement, the highest number of room fans...
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NAK: Meat, fish, vegetables or cheese – all can be prepared deliciously on the grill
The barbecue season is in full swing, and a significant part of the barbecue products sold in stores come from domestic producers this year as well. According to the market...
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The world’s first environmentally friendly milk is here
A small Tasmanian dairy, Ashgrove, has become the world’s first to launch an ‘eco-friendly’ milk that could be a major step towards sustainable agriculture. In an innovative way, the plant...
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International research: job security is more important to young people than their salary
In recent years, it has become extremely important for employees to secure a job in the long term. This aspect is mostly an expectation for younger people, while for the...
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Uber has too many promotions
Recently, several taxi drivers have indicated to Telex that Uber, which has returned to Budapest, has a significant impact on the market with its pricing campaigns. These promotions, in their...
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This is the shop in the Olympic village
The shop in the Olympic Village offers a special and unique experience to the Olympians of Paris 2024. Recently, Levi Jung-Ruivivar, a well-known Filipino-American artistic gymnast who currently represents the...
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Free cereals can come
Mycotoxins produced by plant pathogenic fungi belonging to the genus Fusarium – including fumonisins (e.g. FB1), trichothecenes (e.g. T-2 toxin – T2, deoxynivalenol – DON) and zearalenone (ZEA) – pose...
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The processing sales price of dairy products has stagnated or decreased
The producer price of raw milk, expressed in national currency, rose by 15 percent in the USA and 1 percent in the European Union in May 2024, while it decreased...
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Nébih: few mistakes in summer camps
Compared to the number of inspections, the food chain safety specialists of the National Food Chain Safety Office (Nébih) discovered few errors during the inspection covering the summer camps: minor...
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AM: field overview of the effects of the summer heat wave
The July analysis of the European Commission’s Joint Research Center (JRC) on arable crops based on meteorological and satellite data has been published, the Ministry of Agriculture (AM) told MTI...
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Müller invests in German yogurt production
Müller revealed it would gradually close down a Landliebe yogurt site earlier this year. Müller has revealed it is set to build a new production facility at its Alois Müller...
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Lidl invests £1.5bn in British beef production
Lidl is beefing up its sustainability commitments with the launch of £1.5bn investment into British beef production over the next 5 years. The discounter is aiming to set a new...
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Ocado Partner Kroger Orders New Automated Technologies
British online supermarket and technology group Ocado has said that its US partner Kroger has placed an order for a wide range of new automated technologies to roll out in...
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The average price of white sugar on the world market decreased by 9 percent
The average price of white sugar on the world market in May 2024 was 512 euros/ton, almost 9 percent lower than in April. On the London Mercantile Exchange (LIFFE), the...
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The producer price of apricots decreased by 27 percent
According to KSH data, the apricot crop in Hungary ranged from 11,000 to 25,400 tons in the last five years. In 2023, the frost at the end of March caused...
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The food market is also feeling the extreme weather
In Hungary, it is expected that the price of flour and, consequently, of bread will increase in the coming months. Zoltán Lakatos, the president of the grain processing department of...
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The cash-back system is slowly spreading in stores in Hungary
Hungary’s cash-back system, which was introduced in July 2023 and allows customers to withdraw cash from store cash registers, has still not been widely adopted. The system, which allows cash...
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The GVH investigation launched against Aldi raises several questions
The Economic Competition Authority (GVH) launched an investigation against Aldi, which raises one of the most exciting competition law issues in the Hungarian market. The purpose of the investigation is...
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An extremely early grape harvest is expected this year
According to Máté Varga, the vice-chairman responsible for interprofessional affairs of the National Council of Mountain Villages (HNT), the grape harvest in Hungary can begin at the end of July...
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Tofu was tested by the Association of Conscious Buyers
The Association of Conscious Buyers examined ten different types of tofu, also available in our country, during a product test conducted jointly with Czech partners within the framework of international...
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The physical average hourly wage rose by 13.5 percent to over HUF 2,100 in the second quarter
In the second quarter of this year, the average gross hourly wage of skilled and trained workers performing physical work was HUF 2,104, according to Trenkwalder’s analysis, which processed the...
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K&H: companies pay less attention to social responsibility
The commitment of companies to social responsibility has decreased in both large and small companies – it is clear from the research of the first half of the K&H sustainability...
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FAO: This is why forest fires are increasing in intensity and frequency
The 2024 Global Report on the State of Forests emphasizes the role of innovation in new forest management approaches. Climate change increases the exposure of forests to various stressors, such...
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A Chadian delegation is studying the processing of camel milk in Hungary
Camel milk is a valuable food due to its beneficial physiological effects and special composition, and due to population growth, it is becoming more and more appreciated worldwide – the...
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Lidl optimizes international store network
In the first four months of the current financial year, Lidl’s international store opening rate continued to slow down. The discounter closed stores in several key markets. Poland is the...
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PepsiCo sees weak US demand from “price-conscious” consumer
The PepsiCo chief executive stressed the US consumer’s hunt for “value” is the “problem to address”. PepsiCo CEO Ramon Laguarta has said the US consumer is “much more price conscious”...
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Edeka requires higher farming standards for dairy products
The Edeka Group, including the discounter Netto, has broken the mark of one billion litres of milk source from farming system 3 or higher for the first time. By the...
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